2007
DOI: 10.1561/101.00000005
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Instrument Mixes for Environmental Policy: How Many Stones Should be Used to Kill a Bird?

Abstract: How many instruments should be used to address a particular environmental problem? That is the question this article addresses. According to the "Tinbergen rule," one instrument per target is needed. The existence of any non-environmental market failures affecting the environmental problem at hand will also require one additional instrument per market failure. However, detailed case studies reveal that it is no simple task to count neither the number of relevant targets, nor the number of instruments applied. … Show more

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Cited by 79 publications
(55 citation statements)
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“…The second market failure is the limited information (or education of people supposed to digest such information) that hinders people in making informed choices where the external effects are part of the basis for decision-making. This was as also found in Braathen (2007) and OECD (2007). These two market failures are jointly ameliorating in the language of B&S (2007).…”
Section: Imperfect Information and Externalitiessupporting
confidence: 88%
See 1 more Smart Citation
“…The second market failure is the limited information (or education of people supposed to digest such information) that hinders people in making informed choices where the external effects are part of the basis for decision-making. This was as also found in Braathen (2007) and OECD (2007). These two market failures are jointly ameliorating in the language of B&S (2007).…”
Section: Imperfect Information and Externalitiessupporting
confidence: 88%
“…Thus, information activities could contribute to strengthen the impacts of the taxes and subsidies. Several investigations show that information activities in combination with taxes increase the impacts (elasticity) of the taxes, among other cases in the energy efficiency policy, see OECD (2007) and Braathen (2007).…”
Section: More Efficient Electricity Use Could Reduce Ghg Abatement Anmentioning
confidence: 99%
“…In an aptly titled IRERE article, "Instrument Mixes for Environmental Policy: How Many Stones Should Be Used to Kill a Bird?" Braathen (2007) reviews the common practice of using multiple policy instruments for environmental purposes from household waste management to energy efficiency and derives some principles for determining appropriate environmental policy mixes. For renewable energy policies, then, the analogous question is how many "birds" are there to "kill"?…”
Section: Rationales For Overlapping Policiesmentioning
confidence: 99%
“…Also, objectives need to be updated when new information is available (Rodrik, 2008); for instance if one measure turns out to be more expensive, or turns out to save less GHG, than expected. Finally, if sectoral policies overlap, they may come with additional costs (Braathen, 2007;Böhringer and Rosendahl, 2010) or benefits (Fischer and Preonas, 2010;Lecuyer and Quirion, 2013) that should be analyzed carefully and taken into account.…”
Section: Resultsmentioning
confidence: 99%